"ASX ANNOUNCEMENT 6 August 2007 The Manager Companies Announcement Platform Australian Stock Exchange Limited ENCOURAGING COPPER AND GOLD ANALYSIS RESULTS ENCOUNTERED AS PART OF REPUBLIC’S REGIONAL SAMPLING PROGRAMME IN FAR NORTH QUEENSLAND The Board of Republic Gold (“Republic” or the “Company”) today announces that it has received encouraging base metals and gold analysis results from sampling, including one sample at 2.55% copper and samples returning 10.7Au g/t gold and 4.19 Au g/t gold, that is part of the Company’s regional exploration programme. The Area sampled is in the western margin of the Company’s tenement holding in the Hodgkinson Basin in EPMs 13936 and 14740 (100% Republic) and EPM 12004 (in joint venture with BHP-Billiton). The sampling coincides with a research programme involving the Company, the Queensland Geological Survey and CSIRO, that is aimed at improved identification of mineralisation controls. The most encouraging results were encountered in EPM 14740 where one sample returned 2.55% copper. Three other samples returned results in the 0.4% to 0.6% copper range. The geology where these samples were taken differs from most of the Company’s ground in that they were taken from volcanic rocks rather than sediments. The sampling was done because the Company’s exploration geologist considered that the volcanic rocks that host the historic OK Mine (historic production ~7,800 tonnes of copper), might have extended to the north into this area of the Company’s ground. Slightly elevated zinc values also support the possibility of the geological association with the OK Mine. The gold sampling was predominantly in the area of the historic Anglo Saxon and Good Hope Mines. These hard rock mines are covered by mining leases not owned by the Company, in an area worked by a number of prospectors for alluvial gold. A number of encouraging results were received, including 10.7 Au g/t and 4.19 Au g/t, indicating that this is an area of interest to the Company. In visiting one prospector, the Company’s geologist was shown a large diamond (thought to be in excess of one carat) reputedly recovered as part of an alluvial gold operation. It is not known if the geological origin of the diamond is local or if it was dropped from an ancient glacier and hence travelled a considerable distance to where it was found. Despite this uncertainty, the find is well worth follow-up by the Company."
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